The Amount Of Capcom Stock You Hold Will Double As Of April 1

The Amount Of Capcom Stock You Hold Will Double As Of April 1

Capcom has announced it will be implementing a stock split on April 1, effectively doubling the number of shares available to investors. This also means anyone who currently owns stock will see their shares double – although their overall value is expected to remain stable.

Capcom’s Board of Directors has decided to provide more shares as a way to “improve the liquidity of the Company’s stock and expand its investor base by reducing the stock price per investment unit.” In other words, more stock will be available at a lower price, making it easier to buy and sell shares.

A detailed summary of the stock split schedule was released, with the first step – the public announcement – happening today. Changes will go on record on March 31 and become effective on April 1.

Here’s a look at how shares will change due to the split:

  • Total number of issued shares prior to the stock split: 135,446,488 shares
  • Number of shares to be increased by the stock split: 135,446,488 shares
  • Total number of issued shares following the stock split: 270,892,976 shares
  • Total number of authorized shares following the stock split: 600,000,000 shares

All told, this move will likely benefit long-term Capcom investors. The more shares you own, the more money you stand to gain over the years. Of course, there are a lot of unknown variables with the stock market, and it’s unclear how much the stock price will change after the split.

Capcom has a promising year ahead, with Resident Evil Village and Monster Hunter Rise hitting the market in the coming months. Both are likely to be among the best-selling games of the year, with Monster Hunter Rise being the first-ever original Monster Hunter title on Switch.

In other stock market news, GameStop continues to overperform and is currently sitting at nearly $300 per share. To put that in perspective, back in September 2020 it was only worth around $7 per share.

If you’re a Capcom investor, let’s hope something similar happens after the split on April 1.

NEXT: Spider: Man Miles Morales Hasn’t Left The US Games Chart’s Top Five Since Launch

  • Game News
  • Capcom
  • Industry

Jon Bitner is an Associate Editor for TheGamer. His passion for gaming started with his first console (Sega Genesis) and he hasn’t stopped playing since. His favorite titles include The Legend of Zelda: Ocarina of Time, Team Fortress 2, Rainbow Six Siege, Pokémon Sword & Shield, Old School Runescape, Skyrim, and Breath of the Wild. He can usually be found playing the latest RPG, FPS, or some obscure mobile game. Before working as Associate News Editor, Jon earned a Biology degree and worked in the Biotechnology sector — experiences that taught him how to put words together and make sentences. When not playing or writing about the gaming industry, he enjoys sleeping, eating, and staring at birds.

Source: Read Full Article